Expert Explains Booms and Busts in Housing Market

A lack of affordable homes for sale is causing the number of home sales to drop drastically to 3,900 in the month ending May 21. 
Although the number of home deals in the second month of the Iranian year is normally higher than in the preceding month (March 21-April 20), they were 65.2% fewer compared with the same period of last year. 
Amin Zargar-Moradi, a housing expert, explains five reasons behind this significant decline in home deals in a write-up for the Persian-language economic daily Donya-e Eqtesad: